THINK TANK CONSULTING EXPLAINED: TYPES OF STRATEGIC ADVISORY SERVICES THAT CONSULTANTS PROVIDE

The term think tank consulting speaks to advisory services provided by experts affiliated with independent research organizations focused on investigating major issues and supplying policy guidance as think tank consulting pros across areas like public policy, technology innovation, economic development, global health and more.

While think tanks exist primarily to conduct studies and promote ideas through forums and published proposals, many also provide fee-based consulting offerings for clients in the public and private sectors. Customers leverage think tank talent and intellectual property to deliver bespoke services tapping specialized expertise.

Common consultancy services include strategic advice and support around public policy and regulatory matters. For industries like finance, energy, telecom and healthcare that face extensive government oversight, think tank experts help clients track legislation, assess policy impacts, formulate positioning strategies and engage productively with lawmakers and agencies on priority issues. Guidance rests on a foundation of research excellence and independence that buys credibility.

On top of it all, think tank advisory services related to emerging technologies are in high demand. Organizations developing innovations with widespread impacts like AI, drones, robots and gene editing partner with think tank consultants to stress test ethical and social implications. Expert teams model hypothetical scenarios, recommend governance guardrails, provide guidelines for responsible innovation practices and offer strategic advice grounded in interdisciplinary expertise.

And then of course strategic advisory firms also supply customized economic analysis services, creating financial models and projections focused on client interests. Quantitative insights guide decision-making regarding new market entry, expansions, partnerships, and more. Data visualizations often bring projections to life for leadership strategy sessions and board presentations.

Think tank companies and consultants also formulate policy proposals and thought leadership content aligned to client priorities across areas like equity, sustainability and social welfare. By leveraging think tank branding and distribution channels, enterprises can increase visibility and shape dialogues around causes benefiting communities they serve and operate within.

All things equal, think tank consulting engagements enable organizations to leverage world-class research excellence and specialized expertise to better understand issues, clarify options, weigh trade-offs and maximize opportunities related to business performance, risk management and social impact.